Article: "So, are you rich?"

[tidus1203]

^^Hey its just my opinion, maybe you don't agree and that is fine. Pero ano ba rin alam mo? Isa ka lang ding nagmamarunong, pero wala din naman! PWEH!

[Starex_Gold]

Tama na yan. hehehehe..

Middle class lang kami.

But satisfied.

[tidus1203]

Ah sus kungwari ka pa dyan Starex_Gold... Nakita na kita eh, you're definitely not middle class.

[Starex_Gold]

Hahaha

Middle class nga lang.

[Galactus]

Uy, may tinamaan. Bato-bato sa langit...hehehe

Btw, the article above was written by Rick Reilly. It's fun reading an article without grammatical or spelling errors. Yung ibang magaling kasi diyan, isang paragraph na nga lang ang post, sablay pa, hehehe. Tapos nagmamarunong sa ekonomiya. What is the world coming to?

http://sports.espn.go.com/espnmag/story?id=3469271

[tidus1203]

*SG Baka middle class sa mga elite...

Meron din kasi dito isang so-called "finance professional" tinamaan sa sinabi ni uls eh...

they do buy "stuff" but the money that they buy stuff with comes from their assets that generate income

Sa definition na yan di na sya mayaman kasi pati auto nya (Civic FD if I recall used pa nga ata) may loan sya sa kumpanya nya... Sabi ni uls kasi mga mayayaman binilbili ang mga depreciating assets like car by paying cash and not having loans. Of course, I agree... Di naman ako mayaman, may-kaya lang pero mga kotse ko lahat yun cash...

[uls]

RE: private aircraft

RE: the article posted above

professional athletes, actors who spend their money on stuff like that are stupid

that's not what i was referring to when i said people who use private aircraft consider it as a tool to save time

i'll give a local example:

Lucio Tan

he's known to fly around in helicopters

one of his routes is flying from his Biak na Bato residence in QC to his Allied Bank office in Makati

that saves him a lot of time

time that would be wasted if he got stuck in land traffic

his helicopters make him more productive, which makes him more money

income from his businesses pay for the cost of maintaining his helicopters

the aircraft contribute to income by increasing the productivity of the owner

so the aircraft are assets

that's what i meant